BANK OF NEW ZEALAND.
TO MARCH 31st. |§gaSa ''-.following is the balance-sheet of the ,; Bank of New Zealand as laid before Parliagjjitoent in conformity with the Btatute : — fjts&AfcpßWU'tE Balance-sheet, 31st Makoh, '■:;.;■'. . ' 1896. . IS! " r ■ Liabilities. Sjߣ'"-£ Capital. £ s. d. irlgjlVrar pet cent, guaranteed sSj^rtook 1 '- ... 2,000,000 0 0 , shares sub£#sf<*ifce<i for by the Gov-■%^-Xernmehtol New Zealand 500,000 0 0 Vy? Capital called up under "ivf.-;-. Bank ■-, of New Zealand :."-V .-ana .Banking Act, 1895 -,M . (4500,000) ■■Amount paid in advance.,. 47,423 6 8 s&P-'X '■■--..' ' £ 2,547,423 6 8 £; -Reserve funcl 23,418 4 11 :-v.v Notoß in' circulation ... 533,239 0 0 -■.I= .Bills payable in circulation 673,232 0 0 ... 9,894,778 13 7 j;- Other liabilities i 608,912 6 4 •VvJßftlance profit and ,loss • pF : >'/ account 52,576 2 1 t.t .. Total £14,333,569 13 7 gr^The item £47,423 6a 8d is balance of call A; payable in instalments, 30th June, 1896; Vfg3lst December, 1896 ; 30th June, 1897; and pgSlst December, 1897, £452,576 13s 4d. ojs- Assets. W- T .- £ s. d. ;.: ' Coin and cash balances at j?fr : -bankers ... 1,630,914 0 4 Bullion Oh band and in ;. '--7 transit ..' 115,792 11 9 ■-V Investments. £ s. d. ; •■''"' Consols Itri- . ft;V feerial ... -54,868 16 0 r v ;._ Verqment S':: '■■.- securities 627,431 0 9 S. -Municipal ? I V-" '■ seenrities 8,827 12 6 ;.\ 'Other secu?,?r ritiea ... 378,061 12 5 ;%. . - 1,069,189 1 8 ?;..: BUIb receivable and bills discounted 2,521,652 13 1 Other advauces and secur- : {&y ~ :i ities ana debts due to gfr!«the Bank 7,282,525 17 10 f^Bank .of ..New Zealand . fee! Estates Company, Ltd., fjgw§ -share account 1,089,822 17 7 ifc'Landea property, premises, |K eto. : ■ ... 423,533 19 2 jrS Colonial, Bank landed proH' : ;:perties and premises ... 125,138 12 2 Hi] Colonial . Bank purchase, jH& : >;gdod-will account ... 75,000 0 0 pf^Total .... ... ..£14,333,569 13 7 rSßanb of New Zeelana Company, Ltd., T^Hibare account ... .„ 1,089,822 17 7 ■*, (This in book value. The Estates Company XV include in their balance-sheet aßseta a sum of 0! £45,000, being balance of cost of conversion %E of debentures, which is being gradually off, also the debt of the Assets ,;i Realisation Board, to be covered by doben- : ;-.tureß not yet ißsued, the value of which is ■ Bubjeot to the approval by the Colonial MTreasurer of the. adjustment between the p- Estates Company and the Assets Realisation ■', Board, Colonial Bank landed properties and ■:' premises £125,138 12s 2d. This is also book not ascertained value. Profit and :,fcloas balance-sheet, for year ended 3lst March, £52,576 2s Id. Balance from year ■ ending 31st March, 1895, £383 lie Id. Net profit for the year ended 31sfc March, 1896, iN^apJuding recoveries, and after provision for bad debts, and making what is £.y considered ample provision for possible ytvlosaea, and doubtful debts, but contingent g\s npon the approval by the Colonial Treasurer ftvolthe above adjustment rule, £52,192 11s; Is-'iftotal, £52,576 2a Id. Reserve fund : Reserve |£fond written off, £45,000 j balance, £23,418 ■-;■■;■<& lid ; total, £68,418 4s lid. Balance for yg year ending 31st Marob, 1895, £45,000. V; Reserve fund, oreated in terms of Bank of :;V New Zealand Amendment Banking Aot 1895, TS clause' 7, £23,418 4s 4d } total, £68,418 >Ji"-'-- ■ ■ ."' . , . __^
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https://paperspast.natlib.govt.nz/newspapers/PBH18960625.2.29
Bibliographic details
Poverty Bay Herald, Volume XXIII, Issue 7663, 25 June 1896, Page 4
Word Count
518BANK OF NEW ZEALAND. Poverty Bay Herald, Volume XXIII, Issue 7663, 25 June 1896, Page 4
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